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</div>{"id":3890,"date":"2020-10-06T23:05:59","date_gmt":"2020-10-06T23:05:59","guid":{"rendered":"https:\/\/hicactus.com\/?p=3890"},"modified":"2020-10-06T23:11:23","modified_gmt":"2020-10-06T23:11:23","slug":"5-tradie-business-mistakes-to-avoid","status":"publish","type":"post","link":"https:\/\/hicactus.com\/ch\/5-tradie-business-mistakes-to-avoid\/","title":{"rendered":"5 tradie business mistakes to avoid"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_row_inner el_class=&#8221;container&#8221;][vc_column_inner][vc_column_text]Running a tradie business? It\u2019s not always easy to keep on top of it all and make sure that everything is working according to plan (if you don\u2019t have a business plan, get one sorted, stat!). So we\u2019re back with our tradie business tips to help you out &#8211; this time, we\u2019ve got 5 business mistakes to avoid!<\/p>\n<p>&nbsp;<\/p>\n<p><strong>1. Taking on too much yourself<\/strong><br \/>\nIf you\u2019re like most tradies in business, you\u2019ve likely got a tonne of years of actual hands-on experience behind you. But make sure you have a great team who you trust to get the job done, and delegate where you can. Most of your time should be spent growing your business, not on the tools.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>2. Being too flexible with clients<\/strong><br \/>\nSure, a bit of flexibility never hurts with a good mate every now and then, but make sure you keep an eye on your bottom line. Letting every client get away with making late payments is not the way to keep your tradie business running, so make an invoicing and payment schedule and stick to it.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>3. Dismissing the power of the web<\/strong><br \/>\nNowadays, most people will be searching for your business via a few different online platforms, including social media. If you don\u2019t have a presence here, you need to make it a priority. Update your website and post regularly to your social pages to help potential clients find you when they need to.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>4. Not having any structure or goals<\/strong><br \/>\nEvery tradie business owner needs to have a business plan. You need to have goals and a plan to reach them, otherwise you won\u2019t be going very far. Get a cash flow forecast sorted (we recommend getting the professionals in for this one) to see where you\u2019re making and losing money the most.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>5. Not getting your business covered<\/strong><br \/>\nShameless plug here, but this is what we do best, and because we were built <em>for<\/em> tradies <em>by<\/em> tradies, Cactus can get you sorted with whatever you need &#8211; from LBP professional indemnity insurance, to contract works cover for you and your team.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row el_id=&#8221;related-post&#8221;][vc_column][vc_custom_heading text=&#8221;Related articles&#8221; font_container=&#8221;tag:h2|text_align:center|color:%2313143e&#8221; use_theme_fonts=&#8221;yes&#8221; el_class=&#8221;title my-5&#8243;][vc_basic_grid post_type=&#8221;post&#8221; max_items=&#8221;4&#8243; element_width=&#8221;3&#8243; orderby=&#8221;rand&#8221; item=&#8221;918&#8243; grid_id=&#8221;vc_gid:1602025641985-a1ee7de7-61ba-4&#8243; el_class=&#8221;related-posts mx-auto mt-3&#8243;][\/vc_column][\/vc_row][vc_row][vc_column][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_row_inner el_class=&#8221;container&#8221;][vc_column_inner][vc_column_text]Running a tradie business? It\u2019s not always easy to keep on top of it all and make sure that everything is working according to plan (if you don\u2019t have a business plan, get one sorted, stat!). So we\u2019re back with our tradie business tips to help you out &#8211; this time, we\u2019ve got 5 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-3890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>5 tradie business mistakes to avoid - Hicactus Chinese<\/title>\n<meta name=\"description\" content=\"Running a tradie business? 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